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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Jun. 30, 2026
Mar. 31, 2026
Current Assets:    
Cash and cash equivalents $ 5,310,000 $ 9,194,000
Short term investments 6,168,000 3,138,000
Accounts receivable, net 927,000 1,293,000
Licensing receivable 106,000 106,000
Finished goods 4,885,000 4,128,000
Prepaid purchases 67,000 74,000
Prepaid expenses and other current assets 289,000 194,000
Total Current Assets 17,752,000 18,127,000
Non-Current Assets:    
Property and equipment, net 114,000 129,000
Right-of-use asset-operating leases 263,000 300,000
Right-of-use asset-finance leases 4,000 4,000
Other assets 76,000 76,000
Total Non-Current Assets 457,000 509,000
Total Assets 18,209,000 18,636,000
Current Liabilities:    
Accounts payable and other current liabilities 1,280,000 1,111,000
Short-term operating lease liability 167,000 162,000
Short-term finance lease liability 1,000 1,000
Income tax payable, current portion 14,000 5,000
Total Current Liabilities 1,463,000 1,280,000
Non-Current Liabilities:    
Long-term operating lease liability 115,000 158,000
Long-term finance lease liability 3,000 4,000
Total Non-Current Liabilities 118,000 162,000
Total Liabilities 1,581,000 1,442,000
Shareholders’ Equity:    
Series A Preferred shares — 10,000,000 shares authorized; 3,677 shares issued and outstanding; liquidation preference of $3,677,000 3,310,000 3,310,000
Common shares — $0.01 par value, 75,000,000 shares authorized; 52,965,797 shares issued at June 30, 2026 and March 31, 2026, respectively; 21,042,652 shares outstanding at June 30, 2026 and March 31, 2026, respectively 529,000 529,000
Additional paid-in capital 79,792,000 79,792,000
Accumulated deficit (33,802,000) (33,236,000)
Treasury stock, at cost (31,923,145 shares at June 30, 2026 and March 31, 2026, respectively) (33,201,000) (33,201,000)
Total Shareholders’ Equity 16,628,000 17,194,000
Total Liabilities and Shareholders’ Equity 18,209,000 18,636,000
Related Party [Member]    
Current Liabilities:    
Due to affiliate $ 1,000 $ 1,000